Agree Realty Corp. (NYSE:ADC) announced it has acquired a CVS pharmacy in Roseville, California as well as an Aldi discount grocery store in New Lenox, Illinois. CVS has 18 years remaining on the base term of its lease and the newly constructed Aldi has full term remaining of 20 years. The aggregate cost of the two acquisitions was approximately $10,250,000.
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(ADC, USB, CLNO, BKU) Notable Stocks by BestOtc.com
September 20th, 2011 at 09:35 am